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What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Information technology (IT) runs most businesses. Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget?

Budget 343
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Bottom-Up vs. Top-Down Budgeting Approaches

ProjectManager.com

There are many ways to approach budgeting. Two of the more common approaches are bottom-up budgeting and top-down budgeting. Knowing which is right for you starts with understanding both of these budgeting approaches. Then we’ll show you how to make a budget using both so you can make an informed decision.

Budget 327
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How to Create a Strategy Map for Your Organization

ProjectManager.com

To communicate this, organizations will usually employ what is called a strategy map. Then we’ll provide an example to better illustrate what we’re talking about and even provide a download to a free strategy map template to help you get started. What Is a Strategy Map? What Should Be Included in a Strategy Map?

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10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? Fortunately, there are strategies ( and tools! ) Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution. And you’re not alone in this challenge.

Executing 500
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A Quick Guide to KPI Dashboards (Examples and Templates Included)

ProjectManager.com

Executing a plan, whether a project or a larger organizational strategy, is pointless without monitoring its progress and performance. Download a free KPI dashboard template to try it out and experience those benefits firsthand or upgrade to project management software instead. What Is a KPI Dashboard?

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Demand Management: Process, Importance and Tools

ProjectManager.com

Next, we’ll outline the demand management process to learn how to implement this planning methodology and how software can facilitate that process. Managing production is key to demand management and project management software is essential to that process. This leads to a reduction in costs due to overproduction or stockouts.

Process 334
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What Is a RAID Log and Why Should I Use One?

ProjectManager.com

Plan as thoroughly as you like, you’re still going to face problems, even if you use project planning software. It’s a simple way to organize this information and comes in handy during meetings and project audits. Using a RAID log is a good start, but project management software is more thorough. Every project has its issues.